Super Micro Computer, Inc. (NASDAQ:SMCI) Stock Holdings Lifted by Rowlandmiller & PARTNERS.ADV

Rowlandmiller & PARTNERS.ADV lifted its position in Super Micro Computer, Inc. (NASDAQ:SMCI) by 1,278.9% during the 4th quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 56,300 shares of the company’s stock after acquiring an additional 52,217 shares during the period. Rowlandmiller & PARTNERS.ADV’s holdings in Super Micro Computer were worth $1,716,000 as of its most recent SEC filing.

Several other institutional investors have also made changes to their positions in SMCI. Emerald Mutual Fund Advisers Trust purchased a new position in Super Micro Computer during the third quarter valued at approximately $87,000. Retirement Systems of Alabama raised its stake in Super Micro Computer by 2.3% during the 3rd quarter. Retirement Systems of Alabama now owns 11,367 shares of the company’s stock valued at $4,733,000 after purchasing an additional 258 shares during the last quarter. TrueWealth Advisors LLC raised its stake in Super Micro Computer by 99.0% during the 3rd quarter. TrueWealth Advisors LLC now owns 593 shares of the company’s stock valued at $247,000 after purchasing an additional 295 shares during the last quarter. Miller Wealth Advisors LLC acquired a new position in Super Micro Computer during the 3rd quarter valued at $152,000. Finally, State of Alaska Department of Revenue raised its stake in Super Micro Computer by 7.2% during the 3rd quarter. State of Alaska Department of Revenue now owns 5,873 shares of the company’s stock valued at $2,445,000 after purchasing an additional 395 shares during the last quarter. 84.06% of the stock is owned by hedge funds and other institutional investors.

Wall Street Analyst Weigh In

SMCI has been the subject of several research analyst reports. Northland Securities reiterated an “outperform” rating and set a $57.00 target price (up from $54.00) on shares of Super Micro Computer in a research note on Wednesday, February 12th. Loop Capital reissued a “buy” rating on shares of Super Micro Computer in a report on Tuesday, February 18th. Northland Capmk raised shares of Super Micro Computer to a “strong-buy” rating in a report on Friday, December 20th. JPMorgan Chase & Co. boosted their price target on shares of Super Micro Computer from $23.00 to $35.00 and gave the company an “underweight” rating in a report on Wednesday, February 12th. Finally, The Goldman Sachs Group lowered their price target on shares of Super Micro Computer from $67.50 to $28.00 and set a “neutral” rating on the stock in a report on Wednesday, November 6th. Three equities research analysts have rated the stock with a sell rating, ten have assigned a hold rating, five have given a buy rating and one has issued a strong buy rating to the company. Based on data from MarketBeat.com, the stock currently has an average rating of “Hold” and a consensus price target of $60.20.

Super Micro Computer Stock Down 5.4 %

Shares of NASDAQ SMCI opened at $56.07 on Monday. The firm’s 50-day simple moving average is $35.23 and its 200 day simple moving average is $39.67. The company has a market cap of $32.83 billion, a price-to-earnings ratio of 28.15 and a beta of 1.30. The company has a quick ratio of 1.93, a current ratio of 3.77 and a debt-to-equity ratio of 0.32. Super Micro Computer, Inc. has a 12-month low of $17.25 and a 12-month high of $122.90.

Super Micro Computer Company Profile

Super Micro Computer, Inc, together with its subsidiaries, develops and manufactures high performance server and storage solutions based on modular and open architecture in the United States, Europe, Asia, and internationally. Its solutions range from complete server, storage systems, modular blade servers, blades, workstations, full racks, networking devices, server sub-systems, server management software, and security software.